Towards more sustainable feed ingredients
Grieg Seafood identified and mitigated the most material risks related to our feed ingredients, such as overfishing and deforestation. However, we recognize that more must be done in our value chain to promote a more sustainable food system. Going forward, Grieg Seafood will assess the impact of our feed ingredients on various environmental and social parameters, to assess more material risks to mitigate and where we can make an impact in our feed supply chain.
With a growing aquaculture sector, we recognize that we need new marine and protein based feed ingredients. Our aim is that at least 5% of our feed comes from novel feed ingredients by 2030. So far, approximately 1,03% of the feed in our Norwegian operations come from novel ingredients.
Other efforts:
- We are a member of the MarineTrust Governing Body Committee, to engage in the improvement of global fisheries.
- We actively contribute in the development and digitalization of the ESG risk assessment tool, a project to evaluate environmental, social and governance risks in salmon feed ingredients in a holistic manner. This digital solution will improve transparency and traceability across feed ingredients and make information available more frequently.
